Jibedd: 6574303 M pints On April 1, 2024. Innovation Company purchased a patent for 5316,000 cash. Although the patent ples begal protection for 20 years, the patent is expected to be used for only eight yea Read the resuments Requirement 1. Journalize the purchase of the patent. (Record debits first, the credits Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Apr 1 Choose from any list or enter any number in the input rields and then click Check Answer Help Me Solve This e Text Pages Get More Help Clear li 90F Clear